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Regular City Council Meeting Monday,August 17, 2015 Page 16 change the current policy, Mayor Roe opined that required a financial analysis and staff should be tasked with that. Mayor Roe asked individual Councilmem- bers where they wanted to go from here based on the merits of this discussion ra- ther than just delegating it to the commission to get if off the City Council's table. Councilmember Laliberte clarified that her intent was not to move it off the City Council table; and since the work had already been done and customers had al- ready taken the hit and rates had been made as transparent as possible, she felt that had been the right thing to do based on cost. Councilmember McGehee stated that she still didn't feel the City had a good con- servation policy; and from her understanding of state statute, that needed to be addressed by the City. Mayor Roe noted that discussion had been held before as well. Councilmember Etten stated he was comfortable with the decisions made by the City Council on its rate structure for the foreseeable future. In conclusion, Mayor Roe clarified that there was no direction from the City Council to the Finance Commission on this topic at this time. Regarding the water and sanitary sewer funds, Mayor Roe noted one item for the City Council to consider asking the Finance Commission to look at was interfund loans. Mayor Roe questioned if the city should continue doing loans between funds or simply call them transfers and be done with it. Mayor Roe sought Coun- cil feedback as to whether to charge the Commission with looking at this as a new topic for further discussion at a future date if so directed by the Council as a whole. Councilmember Laliberte opined that she believed reserve funds were tax dollars already collected from taxpayers, and when legal flexibility is available to use those funds as needed, she saw no need for a loan as long as they remained within those recommended changes, supporting a simple transfer versus an interfund loan with interest. Councilmember Etten opined that in the end it all goes back to the City Council for a decision; and the only reason he saw the need for input from the Finance Commission was if they thought the City Council was breaking a law so-to-speak, from a financial or accounting perspective. Chair Schroeder expressed the Commission's willingness to review the current policy and make a recommendation.